Highlights:

• The AV Sales Index (AVI-S) for June jumped from 53.1 to 60.4. 37% of Non-north American respondents reported increase in sales for June while only 19% did so in May.  This accounts for the large increase in the overall AVI-S. Live events and data centers remain strong, keeping the industry remain in a growth phase even with the uncertain economy.

• The strongest negative factor affecting sales has been ongoing tariff pressure on AV hardware and components.The industry is reporting higher costs for displays, cameras, lighting, and computing products, causing some organizations to delay purchases or reconsider project scope.

• The June AV Employment Index (AVI-E) dropped two points to 51.4.  Some respondents say they are under budget constraints which restrict new hiring or even loss of staff that positions will not be refilled. The U.S. added only 57,000 nonfarm jobs in June, below expectations and down from a revised 129,000 in May. Job gains continued in professional and business services, social assistance, and health care, while leisure and hospitality lost jobs.

See the full report here